News Details

Bernie plays £60m get out of jail free card

Bernie Ecclestone's long, drawn-out bribery trial is nearly over after the F1 boss agreed to a £60 million ($100 million) out-of-court settlement. Bavarian state prosecutors confirmed to the district Munich court on Tuesday that the sport's commercial rights holder has offered to make the payment, believed to be the largest in German legal history. The 83-year-old Ecclestone was accused of bribing former banker Gerhard Gribkowsky during the sale of a major stake in the motor sport business eight years ago. The trial started in April and was expected to drag on, but a settlement has now been reached with the state prosecutor revealing that Ecclestone's advanced age and other...
Full Story »
1y ago from PlanetF1.com 0
Share

You May Also Be Interested In...

Ecclestone agrees settlement

Bernie Ecclestone has agreed an £80m settlement in his bribery...
1y ago from SkySports.com

Settlement of German Ecclestone bribery case possible...

Settlement of German Ecclestone bribery case possible – courtPosted...
1y ago from ThisIsF1.com

Ecclestone seeks settlement to end bribery trial

Bernie Ecclestone's lawyers say he is willing to pay a £20 million...
1y ago from Crash.net

Ecclestone set for $100-million settlement

Formula One tycoon Bernie Ecclestone is heading for a $100 million...
1y ago from SuperSport.com

Elsewhere On The Network

Popular On MGPToday.com

Moto2: Zarco and Binder among riders sampling Red Bull...

Reigning Moto2 world champion Johann Zarco and Moto3 championship leader...

Moto2: Who the hell is Luca Marini?

It’s not always the step up in racing to be a member of one of the...

Dovizioso “not obsessed” with breaking MotoGP...

Andrea Dovizioso says that taking a first win in MotoGP since 2009 would...
1d ago from Motorsport.com

Opinion: Rossi screw-up ends title chances?

To call Sunday’s MotoGP race an unmitigated disaster for the factory...

Popular On IndyCarToday.com

INDYCAR: Stoneman 'going to enjoy' WG test

Dean Stoneman will make his IndyCar test debut with his Indy Lights squad...
35m ago from Racer.com

Stoneman gets IndyCar test with Andretti

– Dean Stoneman will sample IndyCar machinery with Andretti...
6h ago from GPUpdate.net

Stoneman to test with Andretti at Watkins Glen

Dean Stoneman will have a taste of driving an IndyCar when he...

Target to end its Ganassi IndyCar sponsorship

Target is withdrawing from IndyCar at season’s end, after 27 years on...
1d ago from Motorsport.com

Popular On TotalWRC.com

Tanak spurred on by Poland near miss

Estonian steps up his preparations
5h ago from WRC.com

Latvala tops Finland shakedown

Volkswagen closes out top three times
6h ago from WRC.com

Recce notes: Neste Rally Finland

Advertising Tuesday and Wednesday are recce days in Finland, when WRC...
11h ago from WRC.com

Rautiainen on Finland’s unique co-driving test

Rautiainen on Finland’sunique co-driving test Co-driving great Timo...
1d ago from WRC.com

Popular On GunnersToday.com

Petr Cech: 'Per Mertesacker will be hard to replace'

Arsenal goalkeeper Petr Cech has warned that it will be tough to replace...
1h ago from SportsMole.co.uk

Arsenal keeping tabs on City's Denayer

Earlier this month a couple of publications reported that Arsenal are...
1h ago from News.ArseBlog.com

Francis Coquelin to fill in as makeshift defender?

Arsenal midfielder Francis Coquelin has hinted that he could fill in as a...
2h ago from SportsMole.co.uk

Wenger promotes The Jeff to Arsenal first team

Arsenal have confirmed that Jeff ‘The Jeff' Reine-Adelaide has been...
3h ago from News.ArseBlog.com

Comments

Hottest News

Recent News

2014 GPToday.com
GPToday.com is not responsible for the news headlines and associated descriptions and images it indexes, the content of externally linked sites or the comments & postings of its users.

This website is unofficial and is not associated in any way with the Formula One group of companies. F1, FORMULA ONE, FORMULA 1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX and related marks are trade marks of Formula One Licensing B.V.